NSE:WIPRO is fundamentally sound script. As of now there are no reversal signs in chart patterns but investors can consider this 385 range as a buying opportunity. I Expect target levels of 425 in upcoming quarter.
NSE:SBICARD is performing better and better when we checkout the results. The script is fundamentally sound and the card business is on track. Investors can add positions at current levels i.e Rs. 715. A strong upmove or rebound expected in near term. Targets: Short Term: 775 Long Term: 900 QoQ Results were good Script Available at lows Growth and...
NSE:ITC I have a detailed analysis on this stock and also know that many investors are frustrated holding this script. It is also clear that demerger is not happening anytime soon so we do not have a comfort for value unlocking from this parameter. But in a contra bet, script has a strong Fundamentals. According to the chart patterns, stock is trading at the...
NSE:BHEL quoted profits after many quarters. The rising demand from real estate will support the growth and earning of Bharat heavy electronics in near future. Investors can add this FALLEN ANGEL in their Portfolio. - Strong balance sheet - Good Promoter holding (63.17%) The idea shared is for educational purpose only.
NSE:TATASTEEL is trading above 954 which is a signal for bullish breakout of head and shoulder pattern. According to chart patterns this scrip will result in a target of 1235. Long positions can be initiated for short to medium term. BTW today it will declare results too. - Strong demand - Growth in overall segment - potential and record earnings - Stock...
NSE:INFY is one the leading IT consultancy company which does not need any description. Infy recently broke 1360 levels. Investors might add this scrip in their portfolio at current levels. Also one can average out if we see 1300 levels. No chart patterns are favourable Nothing so called trend reversal This is an effect of unfavourable market conditions The...
NSE:IRB is a fundamentally strong scrip. Their incomes from toll have reported a great rise. Furthermore, just have a look on FII holding. There is no reason not to add this scrip. -- Infrastructure sector overall growth -- Fundamentals -- Diversified sources of revenue I see a short term target of Rs.300 and Rs.350 in medium term. What are your targets...
MCX:GOLD1! A rangebound consolidation has been seen on the chart patterns of Gold Futures. A slight uptrend is visible from current levels. A rally of around Rs.1000 is possible in short term which will make gold hit 52k levels.
MCX:SILVER1! NO FAVOURABLE CHART PATTERNS, NO TECHNICAL SIGNS OF REVERSAL. Can a contra bet of long positions be initiated at current levels ? Well, the retail investors looking for diversification of their portfolio's, have a great opportunity to add silver futures. The risk reward ratio is favourable at current rates plus there is a high chance of bounce back...
NSE:NIFTY has shown a rangebound consolidation in last 5 months of trading sessions. But this week, the candle moved from lower to upper range of bollinger band. In addition to it, many global factors are favouring the market sentiments which include: - The stability in crude and steel prices. - A healthy correction after bull run of around 2 years. - ...
NSE:COALINDIA is showing long term reversal in chart patterns. 250 possible if stock closes above 200. Strong followup buying expected above 200. Long positions can be initiated. - High Dividend Yield - Rising demand of coal from Industries - possibilities of Switching in green energy - Low P/E provides opportunity to invest when compares with other coal...
NSE:M_M is trading at all time high levels. From trading point of view, one can accumulate at any dip for short to medium term. Short term target is 1300. Investors are looking for a target of 1800 in M&M. - Major grip in their segment - High growth potential in current market - supportive fundamentals and chart patterns The Idea shared is for Educational purpose only.
NSE:IBREALEST ha no great chart patterns as of now. It is in deep bearish mode. Markets are expected to change their move and this script takes no time in changing its trend. Long term and risk bearers surely have an opportunity here which should not be missed. This is purely riding black horse because there are no fundamentals. Possibilities of turnaround: -...
NSE:NMDC is available in two digits. Must consider for investment in this gem. I wont provide any Target or Stop-loss because an investor perfectly knows how to initiate positions in current levels. Add on if further lows formed. High Dividend Yield Improving profit margins Emerging demand from real estate The idea provided is for educational purpose only.
Big candle breakout in NSE:PITTIENG If stock crosses 350 this week, we can see an immediate upside upto Rs.500. Investor can hold for a clear target of 1000Rs. The idea shared is only for educational Purpose.
NSE:KOTAKBANK Banking major has immense growth opportunity and think to note is this bank is utilising it by all means. Bank is well managed and capable. The arm of broking, Kotak securities will unlock bank's value in future. Fundamentally strong. There is no immediate upside visible in technical charts but a trend reversel is surely possible in upcoming months....
NSE:TCS Leading global IT consultant TCS is available at an attractive valuation ahed of buyback. Opportunity for medium term buying. Trading exactly in middle of bollinger band. One can hold this gem for long term.
HDFC is trading in an attractive zone for investors. Perfect time for people who were waiting to imply buy on dip strategy. Fundamentally strong. Technically a buy at the lower end of bollinger band. Risk reward highly favourable at current levels. The idea shared is only for educational purpose.